As to the Clippers and the $2 billion price tag, it's actually not that exorbitant. Before the bidding started, many speculated that the final price tag would be $1.7 billion because the Clippers are in LA and have a major TV deal coming up for renewal in about a year. This is not a franchise in Milwaukee.

It's an investment and -- so far -- no owner of a sports franchise in America has ever been shown to have overpaid a few years down the road.

I'm happy for Ballmer. If I could spend 10% of my net worth to buy an NBA club, I'd do it in a heartbeat. Do you think the Clippers players and fans will mind his passion?

It will be fun to watch.

>>Read More: LA Clippers Sale Not a Slam Dunk, but Sterling's Wife Is Entertaining Bids

>>Read More: Ballmer's Clippers' Offer Bodes Well for MSG, the Knicks' Parent Company

At the time of publication, the author was long Yahoo!

 This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

If you liked this article you might like

How To Get a Promotion Using Legendary Former GE Head Jack Welch's Strategies

Microsoft Has Been Reborn Under CEO Satya Nadella

How to Make Your Life Successful Just Like Billionaire Warren Buffett

Hewlett Packard Enterprise Becomes the Latest Tech Titan to Slash Jobs